News

News
Five At Five: Even Financial Gets New Funding Round
August 07, 2018

Welcome to the Five at Five, your late look at the payments and commerce news of the day. Coverage includes Even Financial raising additional funding, Mattress Firm considering bankruptcy, the New York City Council planning to limit ridesharing licenses, Visa buying a stake in Israeli-startup...

Mobile Payments
Online Food Delivery Is Having A Bright Moment — But Clouds Are Gathering
August 07, 2018

It was once the (stereotypical) realm of ambitious teenagers and refuse-to-grow-up rockers and stoners who either needed extra bucks or found it too … uh … challenging to land better jobs. These days, however, food delivery means digital technology, entrepreneurship and global acquisition activity —...

Investments
Even Financial Lands $18.8M In Venture Funding
August 07, 2018

Even Financial, a FinTech company focused on the consumer financial services ecosystem, announced on Tuesday (Aug. 7) that it raised $18.8 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Paytm Mall Launches Cash-Back Promotion In Online-Offline Sale
August 07, 2018

Paytm Mall, the eCommerce unit of India’s digital payments company Paytm, rolled out a new promotion dubbed the “Freedom Cashback Sale.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Global Payments
Worldnet Brings ‘Quickchip’ To POS; Lurraldebus Rolls Out Mobile Tickets
August 07, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes a mobile wallet pilot by Banco Agrario, Telefonica Colombia and Comviva in Columbia. In addition, Ireland-based Worldnet has teamed up with ID TECH to deliver Quickchip for its GoChip products,...

Retail
Sears Looks To Shoes And Precious Metals To Jump-Start eCommerce
August 07, 2018

For all of Sears’ many issues in recent days, one has to applaud their incredible persistence in the face of difficult odds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Walmart To Launch Its Answer To Everlane
August 07, 2018

According to reports in Business of Fashion, Walmart is quietly looking to launch a direct-to-consumer clothing line to appeal to Gen Z consumers. In a similar vein to Allswell, Walmart’s direct-to-consumer mattress brand that launched earlier this year, the clothing line will be sold through Walmart’s...

Retail
Staples’ Serenity-Now Approach To Back-To-School
August 07, 2018

About 22 years ago, Staples released what was arguably the best back-to-school commercial in human history. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Retail
US Toy Industry Sales Grow To $7.9B After Toys R Us Closure
August 07, 2018

In the first half of 2018, sales in the U.S. toy industry rose by 7 percent to $7.9 billion. The increase occurred during the liquidation of Toys R Us, market research group NPD said in a press release. Get the Full Story Complete the form...